EU leaders will consider a permanent debt-crisis facility

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Leaders from the EU are poised to gather at a summit in Brussels this week to discuss the idea of establishing a permanent debt-crisis mechanism to help countries that become overindebted. Officials also will consider overhauling the rescue fund to use it to buy bonds of struggling nations. They also will address investor concerns about the EU's preparedness to curb the sovereign-debt crisis. Meanwhile, officials at the European Central Bank will be working on a plan to help struggling lenders. If the debt crisis continues to spread, the ECB might be forced to ramp up its bond-buying program Full story here 

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